Performance Management and Delivery Unit (Pemandu) CEO Datuk Seri Idris Jala, the main man behind the Economic Transformation Programme (ETP), managed to squeeze out an hour from his busy schedule to answer some vital questions in an interview with Risen Jayaseelan and P Gunasegaram.
Can you explain the funding aspects of the EPPs (entry point projects)? The MRT is a good example. It is said Greater KL is going to be funded 66% by the private sector. Does that mean that 66% of the circa RM40bil for the MRT will come from the private sector? How come there are reports that the MRT will be largely funded by the Government from allocations in the 10th Malaysia Plan (MP) and 11MP? Will the Government be providing some kind of guarantee to these projects, such as guaranteeing the bonds (that will be issued to fund these projects) or will the Government be promising a payment of a fixed fee to the operator of the MRT?
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